“This investment has helped us to safeguard the jobs of 25 people and create 12 new roles in the manufacturing industry. FW Capital were very helpful and we greatly appreciate their support.”
Dating back over a century, Fowler and Holden operates a foundry, machine shops and a fabrication facility across its 20,000 square feet Grimsby site.
With its core business being manufacturing and machine castings for large national civil engineering customers, it boasts a local and specialist client-base. F&H also undertakes machining and fabrication, with a focus on large and heavy gauge machining and fabrication.
The business secured an investment from NPIF - FW Capital Debt Finance in April 2021, which was soon followed by a second round of funding totalling £500,000.
Thanks to the investment, the business has been able to secure 25 jobs and plans to create a further 12 positions across the next two years.